General Motors announced a $1 billion investment to expand its manufacturing footprint in Ramos Arizpe, Coahuila, adding 500,000 annual vehicle assembly capacity and a new stamping facility. The expansion will create approximately 1,200 direct jobs and is slated for completion by late 2027. GM executives describe the move as a routine capacity upgrade to meet growing demand for its mid-sized pickups and electric crossover models, with the Mexican plant already producing the Chevrolet Equinox and GMC Terrain.

Despite the Mexico location, GM structured the investment to ensure new electric models assembled there remain eligible for the U.S. federal EV tax credit of up to $7,500. By sourcing battery modules from its Ultium Cell joint venture in Ohio and electrified powertrains from its Michigan plants, GM expects the Ramos Arizpe output to meet the critical component and labor value requirements under the Inflation Reduction Act. This strategic alignment could secure an estimated $3 billion in consumer tax credit benefits over the next five years, bolstering U.S. EV sales and helping GM achieve its target of 1 million annual electric vehicle deliveries by 2025.